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Clinical Trials | News, Analysis, Insights - HIT Consultant

Forrester Unveils 5 Healthcare Predictions for 2023

by Syed Hamza Sohail 11/04/2022 Leave a Comment

Forrester Unveils 5 Healthcare Predictions for 2023

What You Should Know: - A new dawn is on the horizon in healthcare. Equipped with new digital capabilities and pressured by new consumer expectations for personalized, convenient experiences, healthcare organizations face a predicament — act now and stay afloat, fail to act and get consumed by the competition, or risk financial ruin. - Market research leader Forrester’s latest report explores 5 key predictors for healthcare in 2023. Healthcare in the Era Post-Covid COVID-19
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3 Reasons to Implement an IDMP Solution Early

by Robin Schilling, Global Project Manager IDMP at ArisGlobal 11/02/2022 Leave a Comment

The European Union (EU) has announced guidance on the Identification of Medicinal Product (IDMP) — and pharmaceutical companies around the world should take notice. While the EU will be the first to design and implement IDMP, other countries, including the United States, will need to begin following suit. It’s imperative that companies begin evaluating what changes need to be implemented, and the sooner pharmaceutical companies act, the better.  Designed to connect data elements and
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Medidata Expands Sensor Cloud Network

by Jasmine Pennic 10/28/2022 Leave a Comment

Medidata

What You Should Know: - Medidata, a Dassault Systèmes company, and Boehringer Ingelheim, today announced a five-year renewal of their collaboration in the wider area of electronic data capture. The agreement extends the use of Rave EDC for Boehringer Ingelheim's clinical trials worldwide and includes myMedidata, Medidata’s suite of patient-facing technologies focused on enhancing patient centricity and diversity in decentralized clinical trials (DCTs). - The
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The Gains and Pains of Using AI in the Pharmaceutical Industry

by Michael Galarnyk, AI Evangelist at cnvrg.io 10/25/2022 Leave a Comment

The Gains and Pains of Using AI in the Pharmaceutical Industry

The costs for drug discovery and development are skyrocketing, but AI (artificial intelligence) is introducing new efficiencies to help find effective treatments faster. A study in 2020 concluded that the estimated median capitalized research and development cost per product was $985 million. Contributing factors to this included larger trial sizes, the need to assess health technology, the requirement to provide data on comparative drugs’ effectiveness, and most
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ObvioHealth & Oracle Collaborate to Seamlessly Integrate Diverse Data Sets Into Decentralized Clinical Trials in APAC

by Jasmine Pennic 10/25/2022 Leave a Comment

ObvioHealth & Oracle Collaborate to Seamlessly Integrate Diverse Data Sets Into Decentralized Clinical Trials in APAC

What You Should Know: - Today, ObvioHealth and Oracle have announced a partnership to enable the rapid collection, integration and analysis of this complex data to get breakthrough therapies to market faster and cheaper within the APAC region. This partnership will integrate ObvioGo, ObvioHealth’s next generation decentralized clinical trial (DCT) platform and mobile app, and Oracle Clinical One Cloud Service, facilitating pharma-grade analytics and reporting that can
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SURGE Therapeutics Raises $26M to Accelerate Intraoperative Immunotherapy

by Syed Hamza Sohail 10/18/2022 Leave a Comment

SURGE Therapeutics Raises $26M to Accelerate Intraoperative Immunotherapy

What You Should Know: - SURGE Therapeutics (SURGE) recently announced the completion of a $26 million Series A financing led by Camford Capital, with participation from Khosla Ventures, Intuitive Ventures, Pitango HealthTech, 8VC, Alumni Ventures, and the Cancer Research Institute. - The funds will be used to accelerate the development of the SURGE™ intraoperative immunotherapy approach, expand the team, and initiate clinical trials for its injectable biodegradable hydrogel. Using
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Eclipse and Mayo Clinic Create Nucleus RadioPharma for  Cancer Patients

by Syed Hamza Sohail 10/14/2022 Leave a Comment

Eclipse and Mayo Clinic Create Nucleus RadioPharma for Cancer Patients

What You Should Know: - Eclipse, a venture capital firm investing in the digital transformation of the world's physical industries, and Mayo Clinic, a leading nonprofit health organization, recently announced the creation and seed funding of Nucleus RadioPharma, a new company built to ensure cancer patients can access potentially life-saving radiopharmaceuticals by developing technologies to modernize the clinical development, manufacturing, and supply chain of these promising new
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Accommodations Increase Clinical Trial Participation for Patients of Color, Survey Reveals

by Syed Hamza Sohail 10/03/2022 Leave a Comment

Accommodations Increase Clinical Trial Participation for Patients of Color, Survey Reveals

What You Should Know: - In a recent patient-centric survey, SubjectWell found that accommodations for all patients, including free treatment and study compensation, increase interest in clinical trial participation – particularly for patients of color. - However, overall, using value-based messaging, adding education to the recruiting process and reducing friction to participation – are universally impactful, not just for diverse populations, and that certain barriers
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Qnovia Secures $17M to Advance Inhalable Therapeutics Pipeline

by Jasmine Pennic 09/28/2022 Leave a Comment

Qnovia Secures $17M to Advance Inhalable Therapeutics Pipeline

What You Should Know: - Qnovia (formerly Respira Technologies)—a pharma company developing inhaled therapeutics with an initial focus on nicotine replacement therapy (NRT) and cardiopulmonary diseases—has raised $17M in Series A funding led by Blue Ledge Capital and included DG Ventures, Evolution VC Partners, Gaingels, TL Capital, and Vice Ventures. - Qnovia will use the Series A proceeds to advance its NRT drug candidate through an IND submission with the FDA and begin human
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XpertDox Secures $1.5M to Automate Medical Coding Process

by Fred Pennic 09/22/2022 Leave a Comment

XpertDox Secures $1.5M to Automate Medical Coding Process

What You Should Know: - Today, XpertDox, LLC., a Birmingham, AL-based revenue cycle company specializing in autonomous medical coding powered by artificial intelligence raises $1.5M from  TN3, LLC, an Arizona based Private Equity Capital firm. - XpertDox's XpertCoding solution harnesses the power of artificial intelligence in order to autonomously code medical claims faster, more accurately, and cheaper than traditional manual processes. XpertDox is utilizing the funding to
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